Applied Digital (APLD) Equity Average (2021 - 2026)

Applied Digital (APLD) reported Equity Average of $1.5 billion for Q1 2026, up 240.84% on a YoY basis from $444.6 million in Q1 2025, and up 21.53% quarter-over-quarter from $1.2 billion in Q4 2025.

Applied Digital (APLD) Equity Average (2021 - 2026) Analysis & Trends

Applied Digital has reported Equity Average for 6 years, with the latest figure at $1.5 billion in Q1 2026.

  • For the quarter ending Q1 2026, Equity Average rose 240.84% year-over-year to $1.5 billion; the trailing twelve-month figure through Feb 2026 stood at $1.5 billion (up 240.84% YoY), and the FY2025 full-year result was $311.3 million, up 220.05% from the prior year.
  • Equity Average for Q1 2026 stood at $1.5 billion, up from $1.2 billion in the prior quarter.
  • The five-year high for Equity Average was $1.5 billion in Q1 2026, with the low at -$4.8 million in Q1 2022.
  • Historically, Equity Average has averaged $341.2 million across 5 years, with a median of $137.1 million in 2024.
  • Annual changes were most pronounced in 2022 — Equity Average jumped 20973.8% — and 2023, when it advanced 26.57%.
  • Applied Digital's Equity Average stood at $74.4 million in 2022, then soared by 90.5% to $141.8 million in 2023, then surged by 138.51% to $338.2 million in 2024, then soared by 268.69% to $1.2 billion in 2025, then gained by 21.53% to $1.5 billion in 2026.
  • The last three Equity Average figures came in at $1.5 billion (Q1 2026), $1.2 billion (Q4 2025), and $771.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn -
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 32.90 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 31.57 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 15.04 Bn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 14.94 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 2.85 Bn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 2.58 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 4.99 Bn
10 Applied Digital 11.17 Bn 10.17 Bn 53.81 Mn 1.52 Bn

Historic Data

Download Data
DateValue
Feb 28, 2026 1.52 Bn
Nov 30, 2025 1.25 Bn
Aug 31, 2025 770.97 Mn
May 31, 2025 476.17 Mn
Feb 28, 2025 444.61 Mn
Nov 30, 2024 338.21 Mn
Aug 31, 2024 183.34 Mn
May 31, 2024 121.66 Mn
Feb 29, 2024 137.07 Mn
Nov 30, 2023 141.80 Mn
Aug 31, 2023 98.81 Mn
May 31, 2023 70.54 Mn
Feb 28, 2023 71.68 Mn
Nov 30, 2022 74.44 Mn
Aug 31, 2022 78.07 Mn
May 31, 2022 35.31 Mn
Feb 28, 2022 -4.77 Mn
Nov 30, 2021 -836,000.00
Aug 31, 2021 -374,000.00
May 31, 2021 -1.12 Mn